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Monday, 07/30/2007 9:47:59 PM

Monday, July 30, 2007 9:47:59 PM

Post# of 134
GlobalSCAPE 10Q out soon. Conf call the 2nd week in August.

We're expecting their best quarter ever, and it's going to be more in one quarter than what they used to make all year just a few years ago. Guidance is for over $6 million in revenues for Q2 2007.

There's a lot going on and it's all available through a lot of websites, like the company investor relations page (for press releases), SEC.gov, various message boards, news outlets like San Antonio Business Journal, San Antonio Express News and more. You can search via most search engines for them, one easy way. Their latest news, well, all of their 2007 news has been blockbuster stuff: listing on Amex, partnership with Synteras (NANA) in the area of the Department of Homeland Security, becoming a participating member of PCI Security Standards Council, their US Army contract, and FIPS Certification in process in the IUT phase (Implementation Under Testing).

GlobalSCAPE was founded in 1996 and has just continued to grow and grow, developing into quite the company. Read the bios on the board of directors and their senior executives, and also look at their hiring pages (Careers page on GlobalSCAPE's site, and About Us on Availl's site).

I can state without any equivocation there is a tremendous amount of excitement at the offices as the company has been filling out quite well over the last couple of years.

As for the stock, in my opinion, having followed this company since inception, it is highly undervalued. Short-term, once the numbers come out for Q2, shareholders and investors will see that once again GlobalSCAPE has said what they were going to do, done it, and reported it in their filings. If you buy shares, you are buying into a solid little company on its way up. If you can get ahold of any of the past statements, in press releases or in interviews, you will see they've done what they've said their going to do. A matter of record.

The average PE for their industry, Internet Software & Services, is 50. Their under 40 today, and once the Q2 10Q comes out, I expect their PE to drop way down, if the stock were to stay at today's price. The very fast growth they are experiencing is higher than 90% of their industry. They should be priced at a PE HIGHER than the industry average PE of 50, NOT below it. But hey, as long as that happens, I'm going to call this a screaming buy. And don't forget to take into account earnings boosts ahead and their effect on the PE and PEG ratios.

I was reviewing Cramer's site analysis, the paid version that uses updated figures, and note he was positive to extremely positive on just about every category, except earnings, because last quarter they were flat (YOY). However, it is my belief and opinion that good ole Cramer and his site are going to have to boost the earnings analysis UPWARD soon as Q2 figures come out. You keep an eye on that.

Well, that's a mouthful to swallow and digest. So I'm ending this post here, now.

May you all have a healthy, enjoyable week,

S4S